Job Description:
A leading Financial Services & Insurance provider in South Africa has an exciting opportunity for a Retail Credit IFRS9 analyst to be based in Cape Town. This individual will be responsible for supporting the Banking businesses in Credit Management across all Retail – lending businesses.

Responsibilities:
The role is a specialist role offering a challenging blend of governance, technical understanding, relationship building, influencing and execution coupled with opportunities to travel in Africa. The incumbent is individually accountable for achieving results through the efforts of others and establishing a suitable reporting framework for the banking businesses.

Performing an independent assessment of the credit-granting and management functions.

Review assessment of risk profile and in aggregate by business unit and collectively.

Input into establishing overall exposure limits, including counterparty, industry, sector, geography and product by business unit and collectively.

Develop clear understanding of decision authority and limits within the lending business.

Developing strict limits for loans to related companies/individuals.

Administer an appropriate credit measurement and monitoring process

NPL and book performance oversight;

Analyse trends in product and customer vintages over time

Review reports on current payment delinquencies and/or collections

Understand internal risk rating system(s) and seek to standardise over time

Understand how concentrations could arise across the credit book, including single counterparty, groups of connected parties, industry or sector, geographical region, maturity profile, etc.

Ensuring adequate controls over Credit processes

Review of individual credits as well as quality of the relevant credit portfolios, including: Credit administration processes, accuracy of internal ratings, Monitoring of line 1 reports on adherence to exposure limits, breaches, etc.

Review of GIA reports on credit risk processes, ensure action taken to address all adverse audit findings and ensure adherence to policies.